Charity registration number 1062238 Company reglstratlon number 3243813 (England and Walesl CHESTER CITY BATHS LIMITED (FORMERLY KNOWN AS CHESTER SWIMMING ASSOCIATION LIMITED) ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024
CHESTER CITY BATHS LIMITED (FORMERLY KNOWN AS CHESTER SWIMMING ASSOCIATION LIMITED) LEGAL AND ADMINISTRATIVE INFORMATION Trustees Mr P W Ftsher MrMSKay Mr 8 F MGCaii Mr O W E Mi118r Mi T R Wainer MrDGReid IAppoinled 1 March 20241 Secretary Mr T R Warner Charlty numb•r 1062238 Company number 3243813 Prlnclpal and R•9lst•r•d (rfflc• Union Street Chester CH1 1QP Indop9ndent axamlnor Andrew Hopwood Bsc (Honsl FCA Charnpion Allwoods Llmlt•d 2nd Floor Rpfiige House 33-37 Wal8rgal8 Row Chester CH1 2LE
CHESTER CITY BATHS LIMITED (FORMERLY KNOWN AS CHESTER SWIMMING ASSOCIATION LIMITED) CONTENTS Page Trustees. Ipport Ind8p8ndent exatnlner's report Stslemenl of financial activlties Balance sheet Noles lo the flnan¢lal 81al8m8nl8 6-16
CHESTER CITY BATHS LIMITED (FORMERLY KNOWN AS CHESTER SWIMMING ASSOCIATION LIMITED) TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) FOR THE YEAR ENDED 31 MARCH 2024 Th8 Irust88s pr8sent Ih8ir annual report and financial statements lor Iha y8ar end8d 31 March 2024. The fin8nei81 ststemeni$ have been prepared in 8c¢ord8n¢e with the 8¢¢0unb"ng poli¢ies set out in note I to the fin8nci81 slatetnenls and cotnply wilh the charity's governing document. the Cornpanies Acl 2006 and 'Accounts"ng and Reportsng by Charities." Staletneni of Recorntnended Practice applicable to charitie5 preparing their account5 in accordance wlth the Financial Reporling Standard applicable th8 UK and R8public ol Ireland IFRS 1021 leffecllve 1 Jamary 20191.. Objectives and activitie The Assoclallon was sel up In 1977 to ¢onlSnu6 tho oper)lon of the Chester Clty Baths loponed In 19011, Our rnlsslon Is the promotion and provision of affordable facil'8S lor the b8nefit of tre residents of Chester and Oistricl for all asP8Cts ol health. fitness and compplilive swinrning and related aclivities. with particular emphasis cfft teaching children and adults to swlm lor their sa191y, wg11-bolng and gnloyrn9nl, and lo providg a ¢gntr¢ gf 9X¢o11gn¢tr for th& trainlng ol swlmmlng coaches, leaL*ers. officials, lifeguards and other water related activities. Pollcle5 The Association endeavors lo minimise pool hire costs ty mgxirnizing vtilisation of water time with a combination of Asswalion paid $lalf supported by voluntary TTu$legs. Prlnelpal Aetlvlty The principal a¢tivily of Ihe company throughout the year was th81 of oper81ing and rn8inl8ining the Victorian swimming baihs bssee in Chester. Tho truGtoos hovo poid duo rcgord to guidan¢o issuod on publi¢ boncfit by tho Charity Comrnission in dociding whol activities th8 charity should undertake. Achlevement5 and perforrnance The leadership team ale incredibly proud lo have re-opened the swirnming baths posl-covid, this is particularly pleasing sincg many Similar organisations havg r&maingd clos. Howevor after re-opening ono of our two pools in April 2021, the Trustees have had to implernenl significant increases in charges lo maintain Ihg viabilily ol the Batrs. Following the closure of Ihe building during the COVID period, our second pool needed signili¢8nl repair work. The funding needed lor this work wag successfully raised from a wide range ol sources ano the repairs completed. The financial position ol the Baths remains finely balanced and OLJr Trustees and staff are working hard lo ensure that we have sufflclenl blnesS lor second pool lo cover Ihg Incromenlal sl8ffin9 and ulilily costs before we re-open11. The one pool that is open continues to operale al a very hi9h level of occupancy. Financial review Last year we were able to add £64.087 to our reser¢es. fhis year our reserves reduced by £32.565 10 £103.599 primarily because ol our commilmenl to holj prIS lo pool users ihrough to December 2023. Whilst tre new year is a challenging one as 8 result of furth&r incr$ase$ in operating costs we h8ve reviewed our charges upwards and arg focusing adclilional efforts on our fundraising which wa5 particularfy successfLJI in 2023 We Continue lo work closely v¥ilh Choshire Wesl and Cheslgr Council who are Dur landlord and our local authority on plans lor developing the City Baths building and its uses in order lo ensure long terrn sustainability.
CHESTER CITY BATHS LIMITED (FORMERLY KNOWN AS CHESTER SWIMMING ASSOCIATION LIMITED) TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Re5ervos poIIcy Our reserves ptrlicy was established in January 2003 and gtates that financial reservès are required ltr fund tha following.. The unexptreted rep18¢ement ol major items of ageing p18nt & equipment Ihat arise from time 10 time, and which cannot be accommodated within the annual exlraordinary mainlenanca budget and for which grant funding is nol available. Unexpected Major repairg nol included in the annual extraordinary fflainlenance budget. Major items of capital equipmenl that Cann reasonably be a¢¢ommodaled within the annual gperalin9 Ixjdget 8nd for which grant funding is not available. The largal mlnlmum18v61 of flnanclal r8$erve$ Is currenlty sel al £250,000. Actual fr48 resarvgs as al 31 March 2024 w8r8 £86,643 and the Charity continues lo work lo rebuild these balances to ensure future suslainabilily. At th8 same lime the Charily is working on a range ol improvement projects wthin the bu Iding to enhance the faalilies available io users. The trustees have assessed the major risks to which the charity is exposed, a1 are sat151ied that systems are in place to miligalo axposure lo th8 major risks. 51ruclure, govemance and rnanagemenl The trustee5, who are a150 the director5 for th8 purpose of company law, and who served durfng thè year and up lo the le of signature of the financlal slalemenls were.. Ir P W Flsh&r IrMSKay Ir B F Mccann Ir D W E Miller Mr A Heslop Mr T R W8rner Nqr D G Reid IRésigned 2g Mard) 20241 (Appointed 1 March 20241 For tho malhods, pollci8s and procedur8s for th8 recrultm8nt, appoiitrnant, Induction and Iraining of now Trust8e5 W• clos#ly follow thè guldancè off#r•d in the Charlty Commlssion bOokt CC3. Rsponsibillties of Charity Trust•s, Fbruary 2008 (updated May 20181, Up lo now appoinlrnenls have been rnade from the broad community of swimrners and parents of switnm•r5 that us th8 Cily Baths, ch0s8n lor th particular skills and tim8 commitmnl that w* nèed and that they hava lo offer. Prospeclive appointees are given a copy of the above booklel so that they can urderstand their re5ponsibilitl•s before a¢pting. Our induction pack includes the Memorandum 8 Artides ol Association and past minute5 01 board meelings and manag#m¥nt accounts. Trainlng Is through dSscusslons wllh other board m8mb8rs. The Iruslees, report Was approved by the Board of Trustees. MrDGRel Trustee Dated.. 23 September 2024
CHESTER CITY BATHS LIMITED (FORMERLY KNOWN AS CHESTER SWIMMING ASSOCIATION LIMITED) INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF CHESTER CITY BATHS LIMITED I report lo the tru5lee5 on rny 8xaminalion of lh8 financial stalem8nt5 01 Chesler City Baths Limited Ilhe charityl lor the y8ar ended 31 March 2024. Ro$pon$lbllltl&$ and b¥sl$ of roport As Ihe trustoes ol tho charity land also its directors for the purposes of company lawl you aro responsibla for the pr8paration ol the financial statements in accordanc8 with the r8quirom8nt5 01 the Companies Act 2006 Ilhe 2006 Act). Having satisfied myselllhal Ihe financial slalemenls of the charily a not required Ir> be 8udiled undèr Part 16 rf the 2006 Ad and are eligible lor independent exarninalion, I report in respect of my examination of the charity's linanoal statements carried out under section 145 01 Charities Act 2011 Ilhe 2011 A¢tl. In carrying out my examination I have followed all the applicabl& 01r.n$ gDi¢n by Ihg Charity Commission undor Sec0n 1451511bl of Ihg 2011 Act. Ind•p•nd•nt •xamln•r's stat•m•nt Slnce th8 charlty'5 gross Incorne exceeded £250,000 your 8xarnln•r musl b8 a rn8mb8r ol a body Ilsled In sectSon 145 of th8 2011 Act. I confirm Ihal l arn qualified lo undertak8 thé examination bécause l am a m8mb8r of ICAEW, which is one of th8 listed bodiès. I have completed my examinalion. I confirm Ih8t no matters have Come lo my Otten'On in connection with the ex9minalion giving m6 caus8 to beli6ve that in any malarial r8specl'. 8¢counling records were not kept in respe¢l of the charity as requirèd by section 386 01 th¢ 2006 Act,. or the financial stalernent5 do not accord with those records., or the financial slalements do not comply with the accx)unting r8quirements ol section Jyb ol the 2UUb Act other than anj. requirement that the accounts give a true and lair wew which is nol a maller considered as part tsf an independent 8yamSn8llon', or the financial 5tatement5 have not been prepared in accordance with the melhods and principles of the Stslement of Recommended Pioclice lor e¢¢ounling and reporling by ¢horibes applicable lo chorilies preparing their o¢counls in accordance with the FinonrAal Reporting StBndord HppliBoble in the UK ond Republic ol Ireland IFRS 1021. I have no conc8ms and have comè across no othèr matters In conn8Ctlon wllh the examlnatlon to whleh attentlon should be rawn in this report in orcjgr to 8n8ble a proper understanding ol the fin8n¢i81 sialemenls to be re8¢hod. Andr•w Hopwood BS¢ (Honsl FCA Chgmpion AIlWdS Limited 2nd Floor R¢fugg Housg 33-37 Wat8igale Row Chester CH12LE Dated,. 23 S8pl8mb8r 2024
CHESTER CITY BATHS LIMITED (FORMERLY KNOWN AS CHESTER SWIMMING ASSOCIATION LIMITED) STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2024 Unrestricted fur)d5 2Q24 Re5trictsd funds 2024 Totsl Unrestricted fuiit15 Restricted furids 2023 Total 2024 2023 2023 Income and endowments from.. Donalions and lega¢i$s Charilab18 lIVI&S Other trading activ.eS Investments Other income 609 279,612 1,847 52 2,483 1,152 1,761 279,612 1,84T 52 2,483 7,794 26T,573 1,948 40 2.385 67,575 75.369 267.573 1,948 40 2.385 Total Ineom& 284,603 1.152 285.755 279,740 67,575 347,315 endilure on: Charitoble oclivbt19$ 294,910 18,821 313,731 219.314 60,505 279,819 Other trading aclivikn'es 13 4,862 4,662 3,420 3.420 Total expenditure 299,572 18,821 318,393 222.734 60,505 283,239 Nel gain51l1o55I on investrnents 14 73 73 Gross transfers b8tw•en nds Npt mov•mpnl In fvnd• 17,454 74,471 117,4541 110.3841 114.8961 117,6691 132,5651 Fund bal¥nc9s al 1 April 2023 115,855 20,309 13£,1e4 41,3e4 30,693 72,077 Fund balan¢•$ at 31 Mar¢h 2024 100,959 2,640 103,599 115.855 20,JOg 136,164 The statement of financial aclivilie5 includes all gains and losses recognised in the year. The s1816mernl of finan¢lal acllvill89 Includes all galns and108sgs recognised Sn the year. All In¢om8 gxpendllure derfve from continuing aclivilies. The 5taternent of financial activitie5 also complies with the requirements for an income and expenditure account under th* Companies Acl 2006.
CHESTER CITY BATHS LIMITED (FORMERLY KNOWN AS CHESTER SWIMMING ASSOCIATION LIMITED) BALANCE SHEET AS A T 31 AIARCH 2024 2024 2023 Not9¥ FlxÈd 8gse18 Tangib18 asse18 Investrnents 14,316 932 15,846 17 15,248 16,704 Currgrit assgts Stock Debtors Cash at bank and in hand 18 19 1,873 24,578 78.189 1,440 25,094 100,449 104,640 126,983 Crgdllors= )mounts lallln9 du• wlthln on• year 20 116,2891 17,5231 N•t currant ass•ts 88.351 119.460 Total a88•ts1088 ¢iirront liabilitlO8 103,599 136.164 Net assets excludlng penslon Ilablllly 103,599 136.164 Tha fund& of thè ¢harily Restri¢led in¢ome funds Unrestrictèd funds 2,640 100,959 20,309 115,855 103,599 136.164 The ¢ompany is enlilled lo the exemption from Ihe audit requirement contained in section 477 of the Companies A¢1 2006, lor thè yèar end8d 31 March 2024. The directors acknowledge their responsibilrties lor complying with tre requirements of the Companies Acl 2008 with respect lo owounts'ng r¢¢grds Ind the preparation ol linonaol $tatement$. Th8 mtrmbers have nol rtrqulred th¥ company lo obtain an audlt uf Its Ilnancial slat*m&nts for th8 y#ar in qu#stion In ac¢ordan¢e wilh section 476. The89 financial slalerllents have Lell prepared in 8¢COtdance with the provisions applicable lo ¢ornpanies subject to the small cornpanies regiTre. The financial statements were approved by the trustee5 on 23 September 2024 D G Fleid TYu8tèè Company regislrallon numbgr 3243813 (England and W8lesl
CHESTER CITY BATHS LIMITED (FORMERLY KNOWN AS CHESTER SWIMMING ASSOCIATION LIMITED) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Ac¢ountSng pollcle8 Ch8rity infowmation Chester City Baths Limited 15 a prfval• cornpany limited by guarant80 incorporated In England and Wal•s. The r8glsterod officè Is Union Str88t, Chest8r, CH1 1QP. 1.1 Accounting conventlon Th& financial stalem&nts hav8 b88n pr8parèd in aceordanc& ivith lh8 d)arity's gov&rning doeLJm8nt, tho Compani8s Aet 2006 and "Accounb'ng and Reporting by Charities.. Stalemenl of Recornmended Pr8Ctice applicable lo charities preparing their accounts in accordance with the Finanaal Reporting Slancjard applicat)le in Ihe UK and RepuLilic of Ireland IFRS 1021" las amended for aecounting p8riods comrnènelng from 1 January 20161. Th8 charity is a Public B&n8fil Enllly as defin8d by FRS 102. Thè charlly has taken advantage of Ihè provisions in thè SORP for charlliès applylng FRS 102 Update Bulletin 1 not lo prepare a Slalem8nt ol Cash Flows. Th8 Ilnancial slalements ar6 prepared In 51erllng, which15 tho luncllonal currency ol th8 charlty. Mon8lary amounts th8sa linanclal stAlem8ntS 8 round8d to thè n8ar8st £. The linan¢i81 stalements have l)een prepared Ljnder the histori¢al ¢ost convenlion, modified to Include the revaluation ol inv8slm8nls ai fair value, Th& principal accounting ptslicitss adoplgd arg s61 out below. 1.2 Charitablè fund$ Unreslricled funds are available lor use at the discretion ol the trustees In furtherance ol their chantable obieclives. R•strfct•d lunds ar8 subj8Ct to specrflc conditlons by donors or grantors as to how thay may used. Tho purposés and LJSèS ol the r8strlcted funds arè s81 out In th8 notes to thè Ilnandal slatamènts. 1.3 Incorne In¢om8 15 recognl$gd whgn Ihg charity Is legolly ent1119d lo It aftor any performan¢0 ¢ondillons have bggn mel. the amounts Can be Treagurgd rg1i¥bly, and il 19 prob8blg Ihal incorne will be rgreived, Cash donatlons are recognlsed on recelpt. Other grants and donations a recognlsed once the charlty has t)een notified ol Ihe donation, unless performance eondilions require deferral of the amount. 1.4 Exp8ndlture Expgndilure IS wognised once there is a legal or ¢on8lruclive obligatitsn lo Iranslei economic bgn81it to a third pafly. il i¥ pruL)tJble Ilitl ti (Idiibler ul EwiiufTIIL beiielilb will be ieyuired iri ¥elUeiTieril, Éirid tlie dlTIDuiII vf IliB ubliydlivii bdll b measured reliably. Expenditure Is classified by activity. The costs of each activily are rnade up of the total of direct costs and shared costs. induding suppot1 costs involved in undertaking each a¢livity. Direct costs altribulable to a single activity are allo¢8led directly to that activity. Shared costs which contribute to morg tren one octivily anLI support COBIS which are nol attributable to a single activity are appooned between those acts'vities on a basis (J)nsistent with the use ol resources. Centr81 $laff costs are allocated on th& baslg of Ilme sponl. and deprgciauon charge8 arg 8llocal8d on the ptsrtlon of trg assel's use. Direel expenses indudes costs assDcialed with poDI hire, veThling and bar purchases recognised on an accruals basis. Adrnin costs include expenses not directly attributable to the operational actiwtie5 of the charity rgnised on an accruals basis.
CHESTER CITY BATHS LIMITED (FORMERLY KNOWN AS CHESTER SWIMMING ASSOCIATION LIMITED) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 A¢¢ounting policies Icontinutdl 1.5 Tangible fixéd assets Tangihle fixed assets are initially measured at cost end subsequenlly measured al cost or valuation, net ol depreciation and any impairm8nl10ssos. Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over Iheir useful livas on Iho following ba66S'. Fixtures and )Iltings Computers 10 /0 Straighl line 25% siralghl Iln& The 1n or loss grising on th¢ disposal of an asset is d¢t¢rmined as the difference bdwoon the sal¢ proceeds and the carrying value ol th6 8$801, and is r&co9nisèd in th8 slslement of financial 3clivilie8. 1.6 Flxed asset Invoglmonls Fixed as581 inveslrnenls are initially measured 31 transaction price excluding transaction costs, and are subsequently measured al fair value ot ¢h reportin9 dale. Changes in fair value are recogniJed in net incomellexpendilurel for the year. Traiisaclion costs arè 8xpen8ed as Incurrad. 1.7 Imp•lrm•nt ol fix•d a$$ts Al gach rèporting and data. Iha charity r8views the carrylng amounls ol lis langible ass8ls to d8lèrmln• wh8thor there Is any indication that th059 assgls have 5uffgr8d an irnpairrnent loss. If any such indication gxlsts, Ihe rgcov8rable amount ol the osset is eslimoled in order lo delemiine the extent ol the impoirmenl loss lif onyj. Intangibla a8s&ls with indefinile useful lives and intangible assets not y81 availabla for usg ara ie8led for impairment annually, and WneVer there is an indication that the asset may be impaired. 1.8 Stock$ Stocks are slated at the lower ol cost and estirnated selling price less costs to complete and sell. Cosl comprises d1ct materials and, where applible, direct labour cosls and those ovgrhgad$ th81 have been incurred in bringing Ihg slocks lo their pr8sent localK)n and condition. Item5 held for dislribukn'on at no or nominal consideration are rneasured Ihe lo'Ner ol rePl8ment ¢051 and ¢osl. Net realis8ble value is the 25tirnalèd selling prl¢e 18s8 811 èst1rn8tèd costs ol enrnpletlon and tost$ lo bè in¢urred in marketing. selling and distribution. 1.9 Ca$h And cash èqulvalènt$ C85h and cash equival8nls Includ# cash In hand, dèposlts hèld at call banks, olher short.lerm Ilquld invastmtrnts wilh origingl maturities Df three months or less, and bank overdrafts. Bank overdr4rts are shown within borrowing5 current liabil.8$. 1.10 Financial instruments Th8 charity has elecled to apply the provisions ol Section 11 'B8sic Financial Inglruments, and Section 12'0ther Financial Instrurnents Issues. of FRS 102 to all ol its financial instruments. Financial instrurnents ar8 recognised in the ch8rily'8 balance sheet when the charity becomes party lo the conlra¢lual pruvibiunb uf Ihtt in>tiumenl. Financial assets and liabilities are offset, with the net amounts presented in the financial staternenls. when there is a legallv enforceable right to sel off the recognised amount5 and there is an intention to settle on a net basis or to realise th8 asset and seiiie thg118bllly slmullaneously,
CHESTER CITY BATHS LIMITED (FORMERLY KNOWN AS CHESTER SWIMMING ASSOCIATION LIMITED) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 A¢¢ounting policies Icontinutdl Basie financial •Jets Basic financial assets, which include debtors and cash and bank balenc£s, are inili£lly meaSUd at transaction price induding Iransadion wsts and are subsequently ¢arrigd at amortis8d ¢osl using th& 8ffe¢tivg inlertrst method unless the arrangement constitutes a linanGing Iransaclion. where the transaction is rnea5ured al the present value of the future reip1S discounted al a rnarkel rate of interest. Financk?l assets classified as receivable within one year are not amorti99d. Basic financial liabilities Basic finanei81 liabilities. inclLJding credilors and bank loans are initially recognised ot transa¢lion pri¢e unless the arrangement conslilut8s a financing transaction, where the debt inslrumenl is measured al th8 present value ol the future payments discounted at a market rale ol interest. Financial liabililies classified as payabl8 within on8 year ar8 not amortised. Debt Instruments ar8 subs8qu8ntly cari18d al arniYtiS8d cost, using th8 eff8ctiv• Int8r8sl ratè m8thod. Trade tt8dilors are obligations lo pay for goods or servic88 Ihal have been acquired in the ordinary course ol opèrations from suppllars. AmoLJnts paiablè are cL4sslflèd as curr8nt Ilablllll8s11 paym8nt Is dLJe wbthin oné yèar or188S. If not, Ihtsy are presented 8s non4urrenl liabilities. Trade creditots arts recognised inllially 8t trans3¢11on prf¢e 8nd subsequently measured at amortlS8d cosi using th8 effective in18r8sI rnelhod. DwKognlilon ¢lflnan¢l•l Ilabllltles Financial liabilitr'es are derecognised when the charity's conlraclual obligations expire or are discharged or cancelled. 1.11 Employ•• b•n•flts The cost of any unus8d holiday 8nlillemenl is reniSed in the period in which tho 8mploy88'S 8ervic68 are received. Teminalion b&n¢fils are recognisod immediately as 8n expense when the Charity is demonstrably committed to terminate the employment ol an employee or to provid8 termination benefits. 1.12 Rllrèmonl bon•fll$ Th& company 0rateS a defined Contribulion workplac¥ pen$ion scheme lor tho bwelil of all ¥ligible employeos. PaytS into t1 Scheme are tharged a5 an expense as they fall due. Crltl¢g1 occounllng &$tlmate$ and ludggm9nt$ In the dppliLats'on ol the charity's accountirig poliaes, the trustees are require(J lo make juduernenls, estimate5 and assumptions aboLJI Ihe carrying amount of assets and liabilities thal are not readily apparenl from other SOLJices. The eslirr8les and associaied assumption8 are based on historical experience and other factor8 that ale considered lo bo relevant. Actual sUltS may differ from these estimates. The esiimat89 and underlwng assumptions are revi8weLI on 8n ongoing L)asis. Revisions to a¢UntIng estimates are reco9nised in the period in which the estimate is revised where the revisK)n affects only that peri£xI, or in the period ol Ihg revlslon and future pers5 where the revlsion affg¢t$ both Current ILJlure perltsds.
CHESTER CITY BATHS LIMITED (FORMERLY KNOWN AS CHESTER SWIMMING ASSOCIATION LIMITED) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 DonatSon3 and le9acles Unrestricted funds Restricted funds Totsl Unreslrict8d funds R8Stricted funds Totol 2024 2024 2024 2023 2023 2023 Don8llons and gfft8 Grant5 609 609 1,152 7,794 55,101 12,474 62.895 12,474 1,152 609 1,152 1,761 7,794 67,575 7S,369 Donatlons and gbfts Marjory Boddy Trust Kingfishers Swirnming Club 8,500 8,500 6,QQ2 14,468 10,000 10,000 6,131 fj,C02 19.868 10.(K>O 10,(X>O 8,525 Spacehive Crowdfunding Ursula Keys Tru51 Westminster Fotsndaiion Other 5.400 609 609 2.394 609 609 7.794 55,101 62,895 Grants receivabl• Chesler Wesl & Chesl$r Council 1,152 1,152 12,474 12,474 1,152 1,152 12,474 12,474 Charltsblg a¢tl44t19$ Unr8strlctgd funds Total 2024 2023 Pool hi 279,612 267,573
CHESTER CITY BATHS LIMITED (FORMERLY KNOWN AS CHESTER SWIMMING ASSOCIATION LIMITED) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Income from other tradlng actlvltSes VnrÈgtricted Unr•9trictèd funds lunds 2024 2023 Bai. lèkinys 1.847 1,948 In¢om8 from In¥g$tment$ Unr&8tri¢t•d Unrè8tri¢ted fund* lund• 2024 2023 Interest receivable 52 40 Othér Incomo Unr•strlct•d Unre51riGted funds funds 2024 2023 other income 2,483 2.385 10-
CHESTER CITY BATHS LIMITED (FORMERLY KNOWN AS CHESTER SWIMMING ASSOCIATION LIMITED) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Charltable actotIes 2024 2023 Staff c06t8 Staff training other staff expenses 165,154 6,379 672 125,408 5,039 172,205 130,447 Share ol support cosis (see note 91 Share o19overnance costs (see note 91 139,226 2,300 147,172 2.200 313,T31 279.819 Analy$l$ by fund Unrestri¢lÈd lund8 Reslricled funds 294,910 18,821 219,314 60,505 313,731 279.819 11
CHESTER CITY BATHS LIMITED (FORMERLY KNOWN AS CHESTER SWIMMING ASSOCIATION LIMITED) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Support costs Support co¥ts Governance Ists 2024 Support costs Governance C0618 2023 Depreciation AdministraliDn InEuranc8S 1,829 7,366 4,222 7,580 836 1,829 7,366 4.222 7,58D 836 1,761 5.619 3.524 9,850 1,092 1,761 5,619 3,524 9.850 1,092 Legal and accountancy Telephone Cleaning. ¢hemicals ond sanitary Rcpairs ond r¢n¢wols Irrecovorable VAT Marketing and website Light and heal Walei supply and aewer8g¢ 12,505 6,154 18.717 6,732 70,037 12.505 6,154 18,717 6,732 70,037 1 Ci.935 35,751 2S,785 10,¥J5 35.751 2S,785 5Tr.259 50,259 3,248 3,248 2,S96 Ind8pgndènt •xaninaUon fees 2,300 2,30D 2,200 2.200 130,226 2.300 141,526 147,172 2,200 140,372 Analy5ed between Charitable activrties 139,226 2,300 141.526 14T,172 2,200 149.372 Govofnan¢e eosls Includ08 payments lo Ihe 8e¢ounlant$ of £2,30012023 - £2.2001 for Indapendanl exarnlnalion18e8. 10 Nel movernent in fund$ 2024 2023 The nel movement in funds is slated after chargingllcr8dilingl.. Fees payable lo the charity's independent examiner.. for the independent examination of the charity'5 f nancial statements lor other fin8n¢Kg1 scrvicos Depreciabon of owned tangible fiigd asg019 2,300 5,400 1,830 2,200 8,700 1.761 11 TTu$tee• None of the trustees lor any person5 connected with them) received any remuneration or expenses from the charity during the year. 12-
CHESTER CITY BATHS LIMITED (FORMERLY KNOWN AS CHESTER SWIMMING ASSOCIATION LIMITED) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 12 Employees The 8ver8ge mtsnthly number of employees during the yeer w8S'. 2024 Numb•r 2023 Numbgr Head count 41 30 Employmént costs 2024 2023 Wages and $8larles Social security costs Othtsr pension costs 154,664 2,565 7,925 118,959 6.449 165,154 125.408 Ther$ Wtr no gmployges whosg annual r&mun¢rali(>n was rn0 Ihan £60,000, 13 Oth•r tradlng a¢tlvltl•s UnrestTi¢ted Unrestricted funds fund5 2024 2023 Bgr gxpgndllure 4,662 3.420 14 Galns and lossè* on Inv•stm•r lJnr•6tr1cted Unrestrlcted fund$ lund• Z024 2023 Gainslllossesl aiising on.. Revaluation ol invastmenls 73 15 Taxation The charity is exempt from tsxalion on its activities because all its incorn8 is applied for charitable purposes. 13-
CHESTER CITY BATHS LIMITED (FORMERLY KNOWN AS CHESTER SWIMMING ASSOCIATION LIMITED) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 16 Tanglble flxed assets Flxlures and flttinga Compulers Totol Cost At 1 April 2023 Additlons 195,354 3,950 300 199,304 Al 31 March 2024 195.354 4.250 199.604 Dgpreciation •nd impairm?nt At 1 Apnl 2023 Depreciation ¢horged in the year 179,508 1,761 3,950 89 183,458 1,830 At 31 March 2024 181,269 4,019 185,288 Carrylng amount At 31 March 2024 231 14.316 Al 31 March 2023 15.846 15.846 17 Flxod a88•t Invoslmonls Llstod Inv•stm•nts Cost or valuatlon At 1 Aprtl 2023 Voluolion changes 74 Al 31 March 2024 32 Carrying amount At 31 March 2024 932 Al 31 March 2023 18 Stock8 2024 2023 Flnlsh*d goods and goods for rèsèl8 1,873 1,440 14-
CHESTER CITY BATHS LIMITED (FORMERLY KNOWN AS CHESTER SWIMMING ASSOCIATION LIMITED) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 19 Debtors 2024 2023 Amount8 f8lllng due wlthln one year.. Trade debtors Prepayments and accrued income 23,Q85 1,493 24.019 1,075 20 Cr•dllor$'. amounts falllng du• wlthln on• y*ar 2024 2023 Oihgr taxation and 60cial security Trad8 creditors Other creditors A¢¢ruo1$ ond deferred income 225 2,241 2,259 1,879 12.143 5,057 16,289 7,523 21 R•llr•m•nt b•n•llt 8ch•rn•8 2024 2023 Deflnod ¢ontrlbutlon $¢hem•$ Charge io profll or loss In respect ol dellned contdbu0n schemes 7,925 6,449 The charity operates a defitEd contribution pensii)n scheme for all qualifying employees. The assets ol the scheme are held s¥parately from Ihtssa ol the Charity in an indgpeiidenlly administered fund, 22 UnTf?trirted fuTrd8 The unreslricled funds of the charity comprise the unexpended balances ol donations and gran16 which are not subject lo specific CDndilions by donors and 9ranlors as lo how they may be used. These iwlude designated funds which have been sel asid$ out of unreslriclerl funds by the Iru$l8es for sp8¢ili¢ purpos88. At 1 Aprll 2023 IncomSng resources Rosources txpended Transfgrs Galn5 and At 31 March 1055es 2024 G8naral lund8 11 5,855 284,603 1299,5721 73 100.959 Pr•vlous y•ar: At 1 Aprfl 2022 Incomlng resources R•sourc•8 èxpondgd Transhrs Galns and At 31 March 10$$9$ 2Q23 General funds 41,384 279,740 1222,7341 17,454 115,855 15-
CHESTER CITY BATHS LIMITED (FORMERLY KNOWN AS CHESTER SWIMMING ASSOCIATION LIMITED) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 23 Analysls of net assets between fund Unrostricted lund8 2024 R•$trictsd funds 2024 Totthl 2024 At 31 March 2024- Tangible gssels Inveslmenls Currenl a8S8lsJlliabililiesl 14,316 932 85.711 14,31fj 932 88,351 2.640 100,959 2,640 103,$99 Unrn8lricted funds 2023 Re•trictsd funds 2023 Tol•l 2023 At 31 Mar¢h 2023: T8ngible 8s5els Invgslm8nls Current ass81sl{Iiablllll8sl 15,846 858 99,151 15,846 20,309 119,460 115,855 20,309 136.164 Related party tranjactlons There were no disclosoble related party transactions during the year12023- none). 16-
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